The USDJPY managed to break above the descending trend line that has capped recent price action on Tuesday. The pair is now consolidating near the monthly high at 78.85. A hold above this level favors a rotation higher towards 79.65. A break lower finds support almost instantly at past TL resistance at 78.60.
Keane Plan…Watching price action at the 78.85 level a Hold favors a push higher.
Sup 78.60 78.85
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